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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 1070 Lucile Ave SW, Atlanta, GA, 30310 offers $4,265/mo rent that, after a $2,442/mo payment, leaves $1,188/mo cash flow. Total monthly income is $4,265/mo, and annual cash flow is $14,256/yr on $165,419 cash. Return on cash invested measures 28.53% in year one, and rental yield stands at 10.26% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 149.05% and total cumulative return in cash reaches $246,558. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,265/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,903 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30310, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,513 (100%) |
| Owner Occupied HU | 5,776 (39.8%) |
| Renter Occupied HU | 7,110 (49.0%) |
| Vacant Housing Units | 1,627 (11.2%) |
| Median Home Value | $361,551 |
| Average Home Value | $443,418 |
Residential
13,011
Single Family
11,230
Multi-Family
1,781
Businesses
1,105
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Price change | $499,000 |
| 2023-12-12 | Listing removed | N/A |
| 2023-11-21 | Listed for rent | $2,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-18 | $4626.78 | -21.18% | $145,040 | N/A |
| 2022-11-18 | $5869.77 | N/A | $145,040 | 741.30% |
| 2021-11-18 | N/A | N/A | $17,240 | -32.34% |
Listed by: Anthony Thomas • HomeSmart
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7469455
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